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Unlimited Opportunities
The possibilities are endless at 5 Mangano Place, Wanneroo.
Set on the fringe of the Regent Waters estate, just off the Wanneroo Road / Ocean Reef Road intersection, this 1,626sqm block has a unique residential / commercial combination underpinned with multiple layered zoning.
The unlimited opportunities include:
• working from home - live in the home and run your business from the workshop
• individually lease out each of the buildings to one or separate tenants, or
• demolish and redevelop to your own individual requirements.
Zoned under the City of Wanneroo District Planning Scheme 2 as 'Service Industrial / Commercial / Urban Development with potentially 2 street frontages.
The residential property includes:
• 4-bedroom 2 bathroom fibro home - refurbished in the 1990's
• Plenty of character with polished jarrah floors, high ceilings, exposes beams
• Spacious country style kitchen
• Study, sunroom, bonus loft area
• Extensively renovated with split air conditioners and fans
• Private yard with large front verandah and gardens reticulated from bore
• Split system air-conditioning
• Currently tenanted with the potential for the current tenant to remain on a fixed term lease at $500 per week
The current commercial component includes a 320sqm (approx.) workshop:
• 24m x 12m main structure with high truss (3.8 m) roller door
• skylight panels
• air-conditioned brick annex
• two offices
• reception area
• kitchenette
• male and female toilets
• three phase power
• concrete and bitumen hardstands
• onsite parking
• lockable double gated entry with car park access to front of workshop
The District Planning Scheme and its zoning table provide great insight into what is possible.
Please reach out for further information.
Property features
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Garages
8
Property snapshot by reiwa.com
This property at 5 Mangano Place, Wanneroo is a four bedroom, two bathroom house sold by David Brewer and Tim Tolley at Force Real Estate on 27 Aug 2022.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Wanneroo or see other recently sold properties in Wanneroo.
Nearby schools
Wanneroo overview
Wanneroo is a mostly established suburb with some undeveloped areas in the eastern sector of its 20 square kilometre land area. Wanneroo experienced major development during the 1970s with gradual increases experienced from the mid-1990s as new properties were built in the area.
Life in Wanneroo
A relaxed lifestyle and a sense of community are on offer in Wanneroo. The outer-northern suburb has a number of parks, gardens and lakes within its perimeters that contribute to its suburban charm, as well a civic centre and community centre. Other notable fixtures are the Wanneroo Town Centre, Wanneroo Central Shopping Centre and the Wanneroo Show Grounds.
Wanneroo quick stats
High end
$785k
Median
$690k
Low end
$600k
32.7 %
Annual growth
$690k
Annual median sales price
$635pw
Annual median rental price
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